BITCOIN
THIS IS THE FINAL LEG DOWN!
SOME MORE DOWNSIDE (58-53K), SOME CHOP... THEN PUMP! https://t.co/eFmQVRS2sR
BTCActivation price $59,752.15Direction ShortType DirectionalTimeframe Mid
Max Favorable +3.3%Max Adverse −12.6%Opportunity 0.27Time 0.06Magnitude 0.27Score 0.17
I'm way more bullish at 62k than I was at 82k.
BTCActivation price $62,730Direction LongType DirectionalTimeframe Mid
Max Favorable +7.3%Max Adverse −7.9%Opportunity 0.69Time 0.55Magnitude 0.69Score 0.51
Bitcoin The whole pump from 60k to 82k happened on decreasing spot volume and was OI driven - gamblers fumbling around with leverage. Usually, these kind of pumps are bull traps.
Bitcoin Spot tape and volume now speak a different language. For the first time in 4 months we see relevant spot trading activity.
This does not mean this is the bottom, but rather that we are nearing a zone where there are heavy bids.
I expect the further we go down towards 55k, the more obvious this will become.
Hang in there.
BTCActivation price $63,819.62Direction ShortType DirectionalTimeframe Mid
Max Favorable +9.4%Max Adverse −5.4%Opportunity 0.62Time 0.74Magnitude 0.62Score 0.60
$BCH is in bear market territory and historically oversold (lowest daily RSI14 EVER) on the daily timeframe.
Expecting a relief bounce between 260 and 280.
Not financial advice. https://t.co/5KIF2o0SLA
BCHActivation price $293.8Direction LongType ConditionalTimeframe Mid
Max Favorable +0.1%Max Adverse −38.4%Opportunity 0.06Time 0.00Magnitude 0.06Score 0.02
Bitcoin⌛ https://t.co/pjQtBhYB5w
BTCActivation price $60,802.91Direction LongType ConditionalTrigger Retest 60467Timeframe Mid
Max Favorable +10.7%Max Adverse −4.4%Opportunity 0.90Time 0.88Magnitude 0.90Score 0.75